the Senate votes overwhelmingly for extra regulation and fewer tax advantages | EUROtoday

It was nearly unanimously that the Senate adopted, on Tuesday May 21, the invoice strengthening the regulation of the marketplace for furnished vacationer lodging akin to Airbnb. A transpartisan textual content, initially supported by deputies Annaïg Le Meur (Renaissance) and Iñaki Echaniz (Socialist Party, PS), and already adopted by the National Assembly on January 29.

This initiative was eagerly awaited by many native elected officers. The growth in seasonal leases, rising from 300,000 in 2016 to just about 1,000,000 as we speak, is in actual fact accused of siphoning off the normal rental inventory and contributing to the surge in property costs in the costliest areas. enticing.

While within the National Assembly, nearly all the Les Républicains (LR) deputies had voted in opposition to the invoice, invoking specifically the protection of “small landlord landlords”, the senators from the bulk proper, in a reverse motion, gave full help to the textual content. Like Basque senator Max Brisson (LR), who, throughout a press level organized a number of days earlier than the examination of the textual content, denounced “a speculative boom” And “the tax advantage that it is more advantageous to do seasonal rental than year-round rental”. “At home, the soul of Biarritz is transformed: it was a real city, it is becoming a seaside resort. And I can't bring myself to do it.”he lamented.

The proposed law firstly attacks the tax loophole enjoyed by furnished tourist accommodation. An advantage widely criticized, including now by the Minister Delegate in charge of housing, Guillaume Kasbarian. “The government is in principle unfavorable to tax provisions appearing in ordinary textshe declared in session, but the status quo is not satisfactory, the tax advantage is excessive and there is a broad consensus among parliamentarians. »

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The Senate, however, slightly watered down the text. This will certainly narrow down the so-called “Airbnb” tax loophole, which as we speak permits renters of categorized vacationer lodging to learn from a flat-rate discount of 71% on the rents acquired, and 50% for traditional furnished lodging, in comparison with solely 30% for long-term “bare” leases. But whereas the National Assembly had voted to align the taxation of short-term and long-term leases, by setting the identical tax discount price of 30%, the Senate reestablished a bonus for furnished vacationer lodging. categorized, setting their discount at 50%.

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